There can be Two hedging
1 » without RiskReward Ratio
2 » with RiskReward Ratio (as we do)
1st Type of Hedging where you don’t follow
RiskReward Ratio(RRR) and Levels and hold Signal against Hedged Signal
—Let’s say,
»Entry BUY USDCAD at 1.4077 with 2lot, 1:200 Leverage on 03May@22:00 GMT00
»Entry BUY AUDUSD at 0.6372 with 3 lot, 1:200 leverage on 03May@22:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 03 May to 08 May
BUY AUDUSD
3lot@0.6372-0.6547=175pips gain
Profit Booked = 175*$30(3Lot)=$5250
BUY USDCAD
2lot@1.4077-1.3928=149pips loss
Loss Booked = 149*$16(2Lot)=$2384
Overall profit =$5250 – $2384= $2866
Hedging as per ForexTrade1 with Risk: Reward Ratio(RRR) and Level Trading
—NOW as per ForexTrade1 Hedging Strategy with RRR
where you would see the difference how we trade keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
—BUY USDCAD when we BUY AUDUSD USING 20 pips STOP LOSS in each
We entered USDCAD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
At, the same time, we Entered AUDUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
With Risk: Reward Ratio& Level Trading
USDCAD – $6560 with 5signals and 410pips gain-Verify
AUDUSD – $11100 with 5signals and 370pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$6560(USDCAD)+$11100(AUDUSD)=$17660
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$2866
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